The ACCOUNTING EQUATION For BEGINNERS
🆓Accounting Equation Free Cheat Sheet → https://accountingstuff.com/shop
🆓Accounting Equation Free Quiz → https://accountingstuff.com/blog/acco...
🖊Accounting Equation Practice Questions → https://accountingstuff.com/practice-...
The Accounting Equation explained in full. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial you’ll learn how to derive the basic Accounting Equation from scratch. I will demonstrate the relationship between Assets, Liabilities and Equity which together represent the three elements of the Accounting Equation. This is the most important concept to understand when studying Accounting for Beginners because it is the foundation of the Double Entry Accounting system.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
00:30 - How the Accounting Equation Works
00:52 - What are Assets, Liabilities and Equity?
01:13 - What is the Accounting Equation?
01:30 - What are Assets, Liabilities and Equity made up of?
02:03 - What is a Balance Sheet?
02:16 - Accounting Equation Examples
03:37 - Recap
04:16 - What is the Best Accounting Book for Beginners?
🔗OTHER RESOURCES
▪ My Website → https://accountingstuff.com/accountin...
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero (FREE TRIAL) → https://xeroamericas.grsm.io/ck90eoq1...
🚶FOLLOW ME ON
▪ Instagram → Instagram: accountingstuff
▪ TikTok → TikTok: accounting_stuff
▪ Facebook → Facebook: thisisaccountingstuff
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → ACCOUNTING BASICS for Beginners (Whol...
🎵MUSIC
▪ Lakey Inspired - Blue Boi → SoundCloud: blue-boi
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingbasics #accountingstuff
🆓Accounting Equation Free Quiz → https://accountingstuff.com/blog/acco...
🖊Accounting Equation Practice Questions → https://accountingstuff.com/practice-...
The Accounting Equation explained in full. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial you’ll learn how to derive the basic Accounting Equation from scratch. I will demonstrate the relationship between Assets, Liabilities and Equity which together represent the three elements of the Accounting Equation. This is the most important concept to understand when studying Accounting for Beginners because it is the foundation of the Double Entry Accounting system.
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
00:30 - How the Accounting Equation Works
00:52 - What are Assets, Liabilities and Equity?
01:13 - What is the Accounting Equation?
01:30 - What are Assets, Liabilities and Equity made up of?
02:03 - What is a Balance Sheet?
02:16 - Accounting Equation Examples
03:37 - Recap
04:16 - What is the Best Accounting Book for Beginners?
🔗OTHER RESOURCES
▪ My Website → https://accountingstuff.com/accountin...
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero (FREE TRIAL) → https://xeroamericas.grsm.io/ck90eoq1...
🚶FOLLOW ME ON
▪ Instagram → Instagram: accountingstuff
▪ TikTok → TikTok: accounting_stuff
▪ Facebook → Facebook: thisisaccountingstuff
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → ACCOUNTING BASICS for Beginners (Whol...
🎵MUSIC
▪ Lakey Inspired - Blue Boi → SoundCloud: blue-boi
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingbasics #accountingstuff
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